German Gas Importer Sees Supply Security Despite 57% Storage

Frankfurt, 29 September 2026 – Germany’s gas supply remains manageable despite storage sites being only about 57% full as winter approaches, according to the head of importer VNG. The reassurance speaks to a more diversified import system, but it should not be read as a guarantee against higher prices or a severe cold-weather shock. Storage levels and supply security are related, not identical, measures.

VNG chief executive Ulf Heitmueller has pointed to a portfolio that draws on pipeline and liquefied natural gas supplies rather than a single route. Norway remains an important pipeline source, while arrangements involving Algeria and Azerbaijan add geographic diversity. Germany’s access to seaborne LNG also gives buyers an option to replace some pipeline volumes. Each route has its own capacity, price and geopolitical constraints, so diversification spreads risk rather than eliminating it.